O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support San Francisco Equity Partners in its Acquisition of Formula Corp
O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), has announced the provision of senior secured credit facilities to support San Francisco Equity Partners (SFEP) in acquiring a majority stake in Formula Corp.
Founded in 1983, Formula Corp is a leading manufacturer of custom blended cleaning products, specializing in sustainable solutions and eco-friendly packaging. The company offers comprehensive services including R&D, formulation, blending, filling, packaging development, regulatory services, and fulfillment for both consumer and professional markets.
The company serves a diverse customer base including national retailers, consumer product brands, and professional cleaning companies, positioning itself as a key player in the sustainable cleaning products sector.
O2 Sponsor Finance, divisione di Old Second National Bank (NASDAQ:OSBC), ha annunciato l'erogazione di finanziamenti senior garantiti per supportare San Francisco Equity Partners (SFEP) nell'acquisizione di una partecipazione di maggioranza in Formula Corp.
Fondata nel 1983, Formula Corp è un produttore di primo piano di prodotti detergenti personalizzati, specializzato in soluzioni sostenibili e imballaggi ecologici. L'azienda offre servizi completi che includono R&S, formulazione, miscelazione, riempimento, sviluppo del packaging, consulenza normativa e logistica per mercati consumer e professionali.
Serve una clientela diversificata, tra cui catene nazionali, marchi di prodotti di consumo e aziende di pulizia professionale, consolidando la sua posizione nel settore dei prodotti detergenti sostenibili.
O2 Sponsor Finance, una división de Old Second National Bank (NASDAQ:OSBC), ha anunciado la provisión de líneas de crédito senior garantizadas para apoyar a San Francisco Equity Partners (SFEP) en la adquisición de una participación mayoritaria en Formula Corp.
Fundada en 1983, Formula Corp es un fabricante líder de productos de limpieza con mezclas personalizadas, especializado en soluciones sostenibles y envases ecológicos. La compañía ofrece servicios integrales que incluyen I+D, formulación, mezcla, llenado, desarrollo de envases, cumplimiento normativo y logística para los mercados de consumo y profesional.
Atiende a una base de clientes diversa, que incluye minoristas nacionales, marcas de productos de consumo y empresas de limpieza profesional, situándose como un actor clave en el sector de productos de limpieza sostenibles.
O2 Sponsor Finance(Old Second National Bank (NASDAQ:OSBC)의 한 부서)는 San Francisco Equity Partners (SFEP)가 Formula Corp의 지분 과반을 인수하는 데 필요한 선순위 담보 대출을 제공한다고 발표했습니다.
Formula Corp는 1983년에 설립된 맞춤형 블렌드 세척제 분야의 선도 제조업체로, 지속 가능한 솔루션과 친환경 포장을 전문으로 합니다. 이 회사는 연구개발, 조성(formulation), 혼합, 충진, 포장 개발, 규제 관련 서비스 및 소비자와 전문 시장을 위한 풀필먼트까지 포괄적인 서비스를 제공합니다.
Formula Corp는 전국 소매업체, 소비재 브랜드, 전문 청소업체 등 다양한 고객층에 서비스를 제공하며 지속 가능한 세척제 시장에서 핵심적인 위치를 차지하고 있습니다.
O2 Sponsor Finance, une division de Old Second National Bank (NASDAQ:OSBC), a annoncé la mise à disposition de facilités de crédit senior garanties afin de soutenir San Francisco Equity Partners (SFEP) dans l'acquisition d'une participation majoritaire dans Formula Corp.
Fondée en 1983, Formula Corp est un fabricant de premier plan de produits nettoyants formulés sur mesure, spécialisé dans les solutions durables et les emballages éco-responsables. La société propose une gamme complète de services incluant R&D, formulation, mélange, remplissage, développement d'emballages, conformité réglementaire et logistique pour les marchés grand public et professionnels.
Elle sert une clientèle diversifiée, comprenant des enseignes nationales, des marques de produits de consommation et des entreprises de nettoyage professionnel, se positionnant comme un acteur clé du secteur des produits nettoyants durables.
O2 Sponsor Finance, eine Sparte der Old Second National Bank (NASDAQ:OSBC), hat die Bereitstellung von nachrangig gesicherten Krediten angekündigt, um San Francisco Equity Partners (SFEP) beim Erwerb einer Mehrheitsbeteiligung an Formula Corp zu unterstützen.
Formula Corp wurde 1983 gegründet und ist ein führender Hersteller maßgeschneiderter Reinigungsprodukte, spezialisiert auf nachhaltige Lösungen und umweltfreundliche Verpackungen. Das Unternehmen bietet umfassende Dienstleistungen, darunter F&E, Formulierungen, Mischen, Abfüllung, Verpackungsentwicklung, regulatorische Dienstleistungen und Fulfillment für Verbraucher- und Profi-Märkte.
Das Unternehmen bedient eine vielfältige Kundenbasis, darunter nationale Einzelhändler, Konsumgütermarken und professionelle Reinigungsfirmen, und positioniert sich so als wichtiger Akteur im Bereich nachhaltiger Reinigungsprodukte.
- Strategic expansion into sustainable cleaning products market
- Diversified customer base including national retailers and major brands
- Comprehensive service offering from R&D to fulfillment
- None.
CHICAGO, IL / ACCESS Newswire / September 8, 2025 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it provided senior secured credit facilities to support San Francisco Equity Partners ("SFEP") in its majority investment in Formula Corp - a leading formulator and contract manufacturer of cleaning products.
Founded in 1983, Formula Corp is an innovative manufacturer of custom blended cleaning products for both consumer and professional end markets. The company provides an array of turnkey services to its customers, including R&D, formulation, blending, filling, label and packaging development, regulatory services and fulfillment. Formula Corp specializes in the formulation and manufacture of sustainable cleaning products and eco-friendly packaging solutions, in addition to private label brand support for its customers. The company's diverse customer base includes leading national retailers, consumer product brands, professional cleaning brands, and industrial and institutional cleaning companies.
"We are excited to partner with San Francisco Equity Partners and the Formula Corp team for this transaction. Formula Corp is a best-in-class contract manufacturer well positioned to benefit from long-term trends in the sustainable cleaning products space," said Nick O'Brien, Senior Vice President, O2 Sponsor Finance.
About San Francisco Equity Partners: Headquartered in San Francisco, SFEP is a private equity firm focused exclusively on partnering with lower middle market companies across the consumer value chain. To each of its partner companies, SFEP serves as an extension of the management team and provides both extensive operating experience and a broad network of relationships across the consumer landscape. For more information, visit www.sfequitypartners.com.
About O2 Sponsor Finance: O2 Sponsor Finance is a national provider of cash flow-based loans to lower middle market businesses with typically
About Old Second Bancorp, Inc.: Old Second Bancorp, Inc., headquartered in Aurora, Illinois, is the bank holding company for Old Second National Bank, which celebrated 150 years of operation in 2021. Old Second's common stock trades on The NASDAQ Stock Market under the symbol "OSBC". More information about Old Second is available by visiting the "Investor Relations" section of its website: www.oldsecond.com.
As of June 30, 2025, Old Second has approximately
Old Second National Bank, Member FDIC.
Contact:
Bradley S. Adams EVP, Chief Operating Officer and Chief Financial Officer (630) 906-5484
SOURCE: Old Second Bancorp Inc.
View the original press release on ACCESS Newswire
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